Russia & CIS Business and Financial Newswire back issues from June 2008:
Three killed in Kuzbass coalmine accident.
Jun 01, 2008 ... Three killed in Kuzbass coalmine accident MOSCOW. June 1 (Interfax) - Rescuers have found the bodies of two more miners in the Lenin coalmine in Mezhdurechensk, Kemerovo region. "The bodies of two more miners were found under the rubble. Rescuers are ...
Official exchange rates for CIS and Baltic nations as of 02.06.2008.
Jun 02, 2008 ... Official exchange rates for CIS and Baltic nations as of 02.06.2008 Country Currency Date For $1 For 1 ruble For 1 EUR Azerbaijan manat 01.94 0.8201 0.0346 1.27 Armenia dram 11.93 305.42 12.88 475.27 Georgia lari 09.95 1.444 0.0608 2.2339 Belarus bel.ruble 07.93 2134.00 89.90 ...
Russia may have 12%-14% inflation in 2008; GDP growth of 7.5%-8% - World Bank.
Jun 02, 2008 ... Russia may have 12%-14% inflation in 2008; GDP growth of 7.5%-8% - World Bank MOSCOW. June 2 (Interfax) - Russia may have inflation of 12%-14% in 2008 and GDP growth of 7.5%-8%, the World Bank said. If the trends of the first four months continue, inflation could ...
RTS Index at 11:00 MSK.
Jun 02, 2008 ... RTS Index at 11:00 MSK 02.06.2008 RTS RTS V classic, V T+0, V aggr, Time Index,$ Index,rub mln $ mln rub mln rub 11:04:45 2456.82 13114.68 1.161 0.102 27.66 11:00:00 2458.46 ...
New law on foreign investment helps foreign investors - Putin (Part 2).
Jun 02, 2008 ... New law on foreign investment helps foreign investors - Putin (Part 2) MOSCOW. June 2 (Interfax) - The new law on foreign investment is aimed not at banning but creating the most transparent and clear procedures for investors, said Russian Prime Minister Vladimir Putin. ...
Results for trading of listed shares in RTS (classic) at 11:00 MSK.
Jun 02, 2008 ... Results for trading of listed shares in RTS (classic) at 11:00 MSK 02.06.2008 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - Akron - - - - Pharmacy Chain 36.6 - - - - ARMADA - - - - Severstal - - - - ...
Uralsib Bank's supervisory board recommends against dividend payout for 2007.
Jun 02, 2008 ... Uralsib Bank's supervisory board recommends against dividend payout for 2007 MOSCOW. June 2. (Interfax) - Uralsib (RTS: USBN) Bank's supervisory board has made a recommendation that shareholders not approve a dividend payout for 2007, the bank said in a statement. ...
Atomredmetzoloto, VTB, Arlan to start uranium search in Namibia in Q3.
Jun 02, 2008 ... Atomredmetzoloto, VTB, Arlan to start uranium search in Namibia in Q3 MOSCOW. June 2 (Interfax) - Atomredmetzoloto (Uranium Holding ARMZ), VTB Capital (Namibia), Vneshtorgbank's subsidiary company, and Arlan, an investment company, are planning to set up a joint venture before ...
Russian government approves larger budgetary expenditures.
Jun 02, 2008 ... Russian government approves larger budgetary expenditures MOSCOW. June 2 (Interfax) - The Russian government presidium has approved the enlargement of extra federal budgetary expenditures to 287.8 billion rubles in 2008, Deputy -Prime Minister ...
Results for trading of listed shares in RTS (prefunded) at 17:00 MSK.
Jun 02, 2008 ... Results for trading of listed shares in RTS (prefunded) at 17:00 MSK 02.06.2008 Company Best Best Last, Cur.vol., Cur.vol., bid,rub ask,rub rub rub shares Sistema Joint Stock 34.25 34.5 34.5 96445 2768 Aeroflot - 110 - - - Akron - 2800 - - - Pharmacy Chain ...
IMF: inflationary pressure in Russia remains high; may reach 14% in 2008.
Jun 02, 2008 ... IMF: inflationary pressure in Russia remains high; may reach 14% in 2008 MOSCOW. June 2 (Interfax) - Inflationary pressure in Russia remains high and inflation in 2008 may hit 14%, the International Monetary Fund (IMF) said. "Inflationary pressure, evidently, will ...
Results for trading of listed shares in RTS (prefunded) at 17:00 MSK.
Jun 02, 2008 ... Results for trading of listed shares in RTS (prefunded) at 17:00 MSK 02.06.2008 Company Min Max Average Account price,rub price,rub price,rub Sistema Joint Stock 34.5 35.01 34.843 6 Aeroflot - - - - Akron - - - - Pharmacy Chain 36.6 - - - - ARMADA - - - - ...
Results for trading of listed shares in RTS (classic) at 15:00 MSK.
Jun 02, 2008 ... Results for trading of listed shares in RTS (classic) at 15:00 MSK 02.06.2008 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 1.45 1.5 - - - Aeroflot 4.02 4.12 - - - Akron 111 113 111 222000 2000 Pharmacy Chain 36.6 42 ...
Results for trading of listed shares in RTS (classic) at 16:00 MSK.
Jun 02, 2008 ... Results for trading of listed shares in RTS (classic) at 16:00 MSK 02.06.2008 Company Min Max Average Account price,$ price,$ price,$ Sistema Joint Stock - - - - Aeroflot - - - - Akron 111 111 111.0 2 Pharmacy Chain 36.6 - - - - ARMADA - - - - Severstal - ...
Russian oil production down 0.2% in 5 mths.
Jun 02, 2008 ... Russian oil production down 0.2% in 5 mths MOSCOW. June 2 (Interfax) - Russia produced 202.358 million tonnes of oil and gas condensate in the first five months of 2008 (9.758 million barrels a day), down 0.2% year-on-year, the Fuel and Energy Central Dispatch Center said. ...
Russia to assign additional 20 mln euro to EBRD environmental fund.
Jun 02, 2008 ... Russia to assign additional 20 mln euro to EBRD environmental fund MOSCOW. June 2 (Interfax) - Russia will assign an additional 20 million euro to the Northern Dimension of the Environmental Partnership of the European Bank for Reconstruction and Development (EBRD) in 2009- ...
RUSSIA MAY HAVE 12%-14% INFLATION IN 2008; GDP GROWTH OF 7.5%-8% - WORLD BANK ESTIMATE.
Jun 02, 2008 ... RUSSIA MAY HAVE 12%-14% INFLATION IN 2008; ...
Polyus Gold ADR split to take effect June 10 - BoNY.
Jun 02, 2008 ... Polyus Gold ADR split to take effect June 10 - BoNY MOSCOW. June 2 (Interfax) - An American Depositary Receipts (ADR) split by No. 1 Russian gold producer Polyus Gold (RTS: PLZL) takes effect on June 10, the depositary, Bank of New York Mellon, said in a statement. ...
Moscow press review for June 2, 2008.
Jun 02, 2008 ... Moscow press review for June 2, 2008 MOSCOW. June 2 (Interfax) - The following is a digest of Moscow newspapers published on June 2. Interfax does not accept liability for information in these stories. POLITICS & ECONOMICS Foreign investors have the right, ...
Sistema aims to enter China's telecommunications market.
Jun 02, 2008 ... Sistema aims to enter China's telecommunications market LONDON. June 2 (Interfax) - AFK Sistema is studying various opportunities of entering the Chinese telecommunications market, company CEO Vladimir Yevtushenkov told Interfax at the AFK conference for investors in London. ...
RTM not to pay dividends for 2007.
Jun 02, 2008 ... RTM not to pay dividends for 2007 MOSCOW. June 2 (Interfax) - The board of directors of RTM, a Russian real estate development group, recommended that shareholders waive dividends for 2007, the company said. RTM will hold its annual general meeting on ...
Oil supplies to Russian refineries up 3.4% in Jan-May 2008.
Jun 02, 2008 ... Oil supplies to Russian refineries up 3.4% in Jan-May 2008 MOSCOW. June 2. (Interfax) - Total oil supplies to Russian refineries increased 3.4% year-on-year to 94.393 million tonnes in January-May 2008, the Fuel and Energy Central Dispatch Department reported. The ...
NEW FOREIGN INVESTMENT LAW IS MEANT TO CREATE TRANSPARENT, UNDERSTANDABLE PROCEDURES, NOT BAN THEM - PUTIN.
Jun 02, 2008 ... NEW FOREIGN INVESTMENT LAW IS MEANT TO CREATE TRANSPARENT, ...
Gazprom Neft boosts petroleum sales via gas station chain 18% in 2007.
Jun 02, 2008 ... Gazprom Neft boosts petroleum sales via gas station chain 18% in 2007 MOSCOW. June 2 (Interfax) - Russia's Gazprom Neft (RTS: SIBN) increased sales of petroleum products via its gas station chain by 18% to 2.254 million tonnes in 2007, the company said in a report. ...
Belarus suggests Russian Machines combination with MAZ truck maker.
Jun 02, 2008 ... Belarus suggests Russian Machines combination with MAZ truck maker MOSCOW. June 2 (Interfax) - Belarus is suggesting a combination between Russian Machines, a member of Oleg Deripaska's Basil Element group, and the Minsk Automotive Plant (MAZ). Belarus has rounded off ...
Ukraine's NRB Bank renamed Sberbank Russia.
Jun 02, 2008 ... Ukraine's NRB Bank renamed Sberbank Russia KYIV. June 2. (Interfax) - Kyiv-based NRB Bank has been renamed CJSC Sberbank Russia, the bank's managing board chairman, Vyacheslav Yutkin, told Interfax. "On May 30, the National Bank of Ukraine agreed to the bank's new ...
Banks have 543.7 bln rbs on CBR correspondent accounts on June 2.
Jun 02, 2008 ... Banks have 543.7 bln rbs on CBR correspondent accounts on June 2 MOSCOW. June 2 (Interfax) - Russian banks have 543.7 billion rubles on correspondent accounts in the Central Bank as of June 2 including 376.0 billion rubles for Moscow banks. The ...
Results for trading of listed shares in RTS (prefunded) at 16:00 MSK.
Jun 02, 2008 ... Results for trading of listed shares in RTS (prefunded) at 16:00 MSK 02.06.2008 Company Best Best Last, Cur.vol., Cur.vol., bid,rub ask,rub rub rub shares Sistema Joint Stock 34.6 35.2 35 65600 1874 Aeroflot - 110 - - - Akron - 2700 - - - Pharmacy Chain ...
Results for trading of listed shares in RTS (prefunded) at 12:00 MSK.
Jun 02, 2008 ... Results for trading of listed shares in RTS (prefunded) at 12:00 MSK 02.06.2008 Company Min Max Average Account price,rub price,rub price,rub Sistema Joint Stock - - - - Aeroflot - - - - Akron - - - - Pharmacy Chain 36.6 - - - - ARMADA - - - - Severstal - ...
Results for trading of listed shares in RTS (prefunded) at 11:00 MSK.
Jun 02, 2008 ... Results for trading of listed shares in RTS (prefunded) at 11:00 MSK 02.06.2008 Company Min Max Average Account price,rub price,rub price,rub Sistema Joint Stock - - - - Aeroflot - - - - Akron - - - - Pharmacy Chain 36.6 - - - - ARMADA - - - - Severstal - ...
RTS Index at 12:00 MSK.
Jun 02, 2008 ... RTS Index at 12:00 MSK 02.06.2008 RTS RTS V classic, V T+0, V aggr, Time Index,$ Index,rub mln $ mln rub mln rub 12:04:45 2443.10 13041.44 5.623 5.914 139.40 12:00:00 2443.67 13044.48 - - - 11:30:00 2450.24 ...
Results for trading of listed shares in RTS (prefunded) at 13:00 MSK.
Jun 02, 2008 ... Results for trading of listed shares in RTS (prefunded) at 13:00 MSK 02.06.2008 Company Min Max Average Account price,rub price,rub price,rub Sistema Joint Stock - - - - Aeroflot - - - - Akron - - - - Pharmacy Chain 36.6 - - - - ARMADA - - - - Severstal - ...
Dixy posts net profit of $6.8 mln in Q1 (Part 2).(Financial report)
Jun 02, 2008 ... Dixy posts net profit of $6.8 mln in Q1 (Part 2) MOSCOW. June 2 (Interfax) - Russian retail chain Dixy posted a net profit of $6.8 million in the first quarter of 2008 under International Financial Reporting Standards, compared with a net loss of $780,000 in the first quarter ...
CENTRAL BANK OF RUSSIA RUBLE EXCHANGE RATES FROM 03.06.2008.
Jun 02, 2008 ... CENTRAL BANK OF RUSSIA RUBLE EXCHANGE RATES FROM 03.06.2008 Currency Per Australia ($) 1 22.6169 Belarus (Rubel) 1000 11.1183 Denmark (Krone) 10 49.4406 United States ($) 1 23.7473 EURO 1 36.8701 Iceland (Krona) 100 31.8884 Kazakhstan (Tenge) 100 19.6814 Canada ($) 1 23.8379 ...
Russia's Wimm-Bill-Dann to publish IFRS results for Q1 on June 6.(Financial report)
Jun 02, 2008 ... Russia's Wimm-Bill-Dann to publish IFRS results for Q1 on June 6 MOSCOW. June 2 (Interfax) - Russia's Wimm-Bill-Dann Foods (RTS: WBDF) will publish its financial results for the first quarter of 2008 calculated to International Financial Reporting Standards (IFRS) on June 6. ...
Free prices on electricity market decline week of May 26-June 1.
Jun 02, 2008 ... Free prices on electricity market decline week of May 26-June 1 MOSCOW. June 2 (Interfax) - The average price of electricity on the market in the European part of Russia and the Urals (Price Zone I) declined 13.7% to 615.2 rubles per megawatt-hour, and edged lower 3.82% in ...
CPC reduces oil shipments 8.4% in Jan-May.
Jun 02, 2008 ... CPC reduces oil shipments 8.4% in Jan-May MOSCOW. June 2 (Interfax) - The Caspian Pipeline Consortium (CPC) reduced oil shipments via the Yuzhnaya Ozereika-2 (Novorossiisk Port) terminal by 8.4% to 12.827 million tonnes in January-May 2008 from 14.008 million tonnes in the same ...
Mechel set to pay 26.38 rubles per share for 2007 (Part 3).
Jun 02, 2008 ... Mechel set to pay 26.38 rubles per share for 2007 (Part 3) MOSCOW. June 2 (Interfax) - The Mechel (RTS: MTLR) coal and steel group could pay a dividend of 26.38 rubles per share for 2007, the company said in a statement. The board of directors approved the dividend ...
Armenian economy grows 9.3% in Jan-April.
Jun 02, 2008 ... Armenian economy grows 9.3% in Jan-April YEREVAN. June 2 (Interfax) - Armenia's GDP grew 9.3% year-on-year in the first four months of 2008, and measured 696.1 billion dram ($2.3 billion), the National Statistics Service reported. The construction sector expanded ...
NLMK starts construction of 150 megawatt power block.
Jun 02, 2008 ... NLMK starts construction of 150 megawatt power block LIPETSK. June 2. (Interfax) - Novolipetsk Metallurgical Combine (NLMK) has commenced construction of a 150 megawatt power block, which will provide the plant with electricity, the company's director for energy resources, ...
Russia, Greece may jointly invest in industrial projects in third countries.
Jun 02, 2008 ... Russia, Greece may jointly invest in industrial projects in third countries MOSCOW. June 2 (Interfax) - Russia and Greece are considering the possibility of joint investments in industrial and energy projects in third countries, Russian Agriculture Minister and Co-chairman of ...
Strengthening of ruble inevitable given foreign trade conditions - IMF.
Jun 02, 2008 ... Strengthening of ruble inevitable given foreign trade conditions - IMF MOSCOW. June 2 (Interfax) - The effective strengthening of the ruble is inevitable and even desirable given the large-scale receipts generated by favorable foreign trade conditions and growing efficiency, ...
Moody's assigns Ba2 to AK BARS Luxembourg S.A. notes; Stable Outlook.
Jun 02, 2008 ... Moody's assigns Ba2 to AK BARS Luxembourg S.A. notes; Stable Outlook LONDON. June 2 (Interfax) - Moody's Investors Service has assigned a rating of Ba2 with stable outlook to the Loan Participation Notes to be issued on a limited recourse basis by AK BARS Luxembourg S.A. -- a ...
Astana hopes to complete Kashagan talks by end of June.
Jun 02, 2008 ... Astana hopes to complete Kashagan talks by end of June ASTANA. June 2 (Interfax) - Negotiations regarding the Kashagan oil and gas field should hopefully be completed by the end of June, Kazakh Energy and Mineral Resources Minister Sauat Mynbayev said. "We are holding ...
Ukraine ups coal production 3.7% in 5 mths.
Jun 02, 2008 ... Ukraine ups coal production 3.7% in 5 mths KYIV. June 2 (Interfax) - Ukraine raised coal production approximately 3.7% year-on-year in January-May to 33.34 million tonnes, the Coal Ministry told Interfax. Coking coal production fell 1.5% to 11.954 million tonnes but ...
Russian economy overheating - World Bank.
Jun 02, 2008 ... Russian economy overheating - World Bank MOSCOW. June 2 (Interfax) - Unabated inflation in Russia, growth in capacity and labor utilization and real wages rising faster than productivity all point to overheating in the Russian economy, the World Bank reported. The ...
Results for trading of listed shares in RTS (prefunded) at 14:00 MSK.
Jun 02, 2008 ... Results for trading of listed shares in RTS (prefunded) at 14:00 MSK 02.06.2008 Company Best Best Last, Cur.vol., Cur.vol., bid,rub ask,rub rub rub shares Sistema Joint Stock 35.01 37.45 - - - Aeroflot - 110 - - - Akron - 2700 - - - Pharmacy Chain 36.6 - ...
Federal Customs Service transfers 392.65 bln rubles to budget in May.
Jun 02, 2008 ... Federal Customs Service transfers 392.65 bln rubles to budget in May MOSCOW. June 2 (Interfax) - The Federal Customs Service transferred 392.65 ...
SIBUR denies negotiating sale of fertilizer unit to Mezhregiongaz.
Jun 02, 2008 ... SIBUR denies negotiating sale of fertilizer unit to Mezhregiongaz MOSCOW. June 2 (Interfax) - SIBUR Holding is not in talks on sale of SIBUR-Mineral Fertilizer to Mezhregiongaz, SIBUR President Dmitry Konov told the newspaper Vedomosti in an interview. "As far as I ...
Results for trading of listed shares in RTS (classic) at 14:00 MSK.
Jun 02, 2008 ... Results for trading of listed shares in RTS (classic) at 14:00 MSK 02.06.2008 Company Best Best Last, Cur.vol., Cur.vol., bid,$ ask,$ $ $ shares Sistema Joint Stock 1.46 1.54 - - - Aeroflot 4.02 4.12 - - - Akron 110 111 - - - Pharmacy Chain 36.6 42 46 - - - ...
Imperial Energy finds oil in at Kiev Yeganskoye field in eastern Tomsk region.
Jun 02, 2008 ... Imperial Energy finds oil in at Kiev Yeganskoye field in eastern Tomsk region TOMSK. June 2 (Interfax) - Imperial Energy, a UK-based oil company developing fields in Russia, received significant flows of oil in testing vertical well 361 at the Kiev Yeganskoye field in Tomsk ...
Results for trading of listed shares in RTS (prefunded) at 13:00 MSK.
Jun 02, 2008 ... Results for trading of listed shares in RTS (prefunded) at 13:00 MSK 02.06.2008 Company Best Best Last, Cur.vol., Cur.vol., bid,rub ask,rub rub rub shares Sistema Joint Stock 35 37.45 - - - Aeroflot - 110 - - - Akron - 2700 - - - Pharmacy Chain 36.6 - 1200 ...
Russia may have 12%-14% inflation in 2008; GDP growth of 7.5%-8% - World Bank (Part 2).
Jun 02, 2008 ... Russia may have 12%-14% inflation in 2008; GDP growth of 7.5%-8% - World Bank (Part 2) MOSCOW. June 2 (Interfax) - Russia may have inflation of 12%-14% in 2008 and GDP growth of 7.5%-8%, the World Bank said. If the trends of the first four months continue, inflation ...
Belarus could have stock market by 2009.
Jun 02, 2008 ... Belarus could have stock market by 2009 MINSK. June 2 (Interfax) - Belarus will have a stock market by 2009, Belarusian Prime Minister Sergei Sidorsky told a press conference following a meeting of the country's Foreign Investment Advisory Council on Friday. "Efforts ...
Russian political and economic calendar: June 3 - 9.
Jun 02, 2008 ... Russian political and economic calendar: June 3 - 9 Date Event Time Venue Additional information 03.06.2008 Board meeting - Megafon 03.06.2008 Vozrozhdenie Bank to publish Q1 IFRS results. 03.06.2008 AGM - Russky ...
RusHydro cancels meeting on RUSAL power supplies.
Jun 02, 2008 ... RusHydro cancels meeting on RUSAL power supplies MOSCOW. June 2 (Interfax) - Directors at Russian hydro-generating company RusHydro have canceled a June 20 shareholders meeting due to vote on an agreement to supply electricity to United Company RUSAL (UC RUSAL), RusHydro said in ...
Dixy posts net profit of $6.8 mln in Q1.(Financial report)
Jun 02, 2008 ... Dixy posts net profit of $6.8 mln in Q1 MOSCOW. June 2 (Interfax) - Russian retail chain Dixy posted a net profit of $6.8 million in the first quarter of 2008 under International Financial Reporting Standards, compared ...
Sistema aims for 9% of Indian mobile market by 2017.
Jun 02, 2008 ... Sistema aims for 9% of Indian mobile market by 2017 MOSCOW. June 2 (Interfax) - AFK Sistema (RTS: AFKS), a major Russian conglomerate, said it plans to have a 9% share of India's mobile services market by 2017. ...
Results of forex trading on MICEX on 02.06.2008.
Jun 02, 2008 ... Results of forex trading on MICEX on 02.06.2008 Instrument Min. Max. Closing Average "Volume", Quantity price price price price $ USDRUB_TOM 23.6955 23.7625 23.725 23.7322 3087691000 987 USDRUB_TOD 23.698 23.762 ...
Mechel set to pay 26.38 rubles per share for 2007.
Jun 02, 2008 ... Mechel set to pay 26.38 rubles per share for 2007 MOSCOW. June 2 (Interfax) - The Mechel (RTS: MTLR) coal and steel group is set to pay a dividend of 26.38 rubles per share for 2007, the company ...
Ak Bars Bank intends to place up to $450 mln in Eurobonds.
Jun 02, 2008 ... Ak Bars Bank intends to place up to $450 mln in Eurobonds KAZAN. June 2. (Interfax) - Kazan-based Ak Bars (RTS: BVKZ) Bank plans to place up to $450 million in Eurobonds for three to five years, the bank told Interfax. The issue will be placed as part of a program for ...
UMMC buys 51% of Czech Republic's Aircraft Industries.
Jun 02, 2008 ... UMMC buys 51% of Czech Republic's Aircraft Industries YEKATERINBURG. June 2 (Interfax) - No. 2 Russian copper producer Urals Mining and Metallurgical Company (UMMC) has closed the acquisition of 51% of Czech aircraft manufacturer Aircraft Industries from the company's owner ...
RTS Index at 13:00 MSK.
Jun 02, 2008 ... RTS Index at 13:00 MSK 02.06.2008 RTS RTS V classic, V T+0, V aggr, Time Index,$ Index,rub mln $ mln rub mln rub 13:04:45 2441.61 13033.49 19.414 6.397 467.25 13:00:00 2441.61 13033.49 - - - 12:30:00 2443.52 13043.68 - - - 12:00:00 2443.92 ...
List of strategic areas with limited foreign investments may shorten - Kudrin (Part 2).
Jun 02, 2008 ... List of strategic areas with limited foreign investments may shorten - Kudrin (Part 2) MOSCOW. June 2 (Interfax) - Russia may eventually reduce the list of strategic areas, where foreign investments are limited by the recently adopted federal law, Deputy Prime Minister and ...
World Bank forecasts $40-$50 bln capital inflow for Russia in 2008.
Jun 02, 2008 ... World Bank forecasts $40-$50 bln capital inflow for Russia in 2008 MOSCOW. June 2 (Interfax) - The World Bank thinks Russia could see $40 billion-$50 billion ...